See Home Value
$3,013,181*
House - Off Market

502 DRIFTWOOD DRIVE W

PALM HARBOR, FL 34683
bedrooms
6 Beds
bathrooms
5 Baths
square feet
4657 Sqft
$2,691,000 - $3,289,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
Sold Jun 01, 2023
$2,750,000
Sold Feb 15, 2022
$2,100,000
$1,680,000 by Van Dyk Mortgage Corporation
Mortgage Due Feb 01, 2052

About This Property

This is an incredibly exceptional home that stands out from the rest! If you love magical sunsets on the water while making special memories with family and friends, this is Your home! An entertainers dream home that has been completely updated to enhance your Gulf Front living experience! The first thing you will notice when entering this outstanding house are the Views and all the Natural light coming from the HUGE New windows! Featuring solid block construction, it is a masterful achievement of concept and design! This contemporary 4,657 square foot, 2-story West facing premiere Gulf front residence has been renovated extensively, with well over a $1,000,000++ invested in updating the house to better emphasize living on the water! Featuring Spectacular sunsets daily, this home showcases exceptional craftsmanship & design to take advantage of cool western breezes and exceptional wide-open views of the Gulf of Mexico! A partial list the improvements completed in 2022/23 included ALL new impact windows and doors throughout! NEW 22 KW whole home backup generator and NEW saltwater pool and spa systems. NEW landscaping, irrigation systems and lighting featuring a new paver driveway. The reconfigured lower level now features a NEW 5th bathroom and New dining room overlooking looking the Gulf of Mexico, and 3 additional bedrooms!  You can watch the sunsets in the NEW kitchen featuring NEW appliances, cabinets, and custom granite and tilework! A NEW whole-home water softener and filtration system and a NEW massive walk-in custom pantry help make cooking and entertaining a breeze!!  NEW 24X48 Brazilian tile flooring throughout the house. You will stay cool with 2 New HVAC systems featuring Wi-Fi compatibility and humidity control! While entertaining you will not have to worry about running out of ice because you have a NEW free-standing, high-volume icemaker! NEW custom made, Solid Wood Shaker doors and 8-inch trim throughout. Watch the MOST amazing sunsets and the dolphins playing from your Private deck on the second story Master Suite! Featuring a see-through railing system reminiscent of being a on cruise ship... without the rocking! The views keep coming for you in the Master Bathroom featuring a New HUGE 2 head walk-in shower highlighted with custom tile work and a 2-person Spa Two! Two tankless hot water systems supply plenty of hot water for the entire house! Of course, you have 2 NEW designer vanities and custom lighting! Your very spacious Master suite also has a huge walk-in closet with a kitchenet and separate dressing room! The upstairs also hosts 2 additional bedrooms complete with a separate 'kids' lounge! The entire interior was retextured and painted to emphasize your views. The exterior was coated was with a waterproof membrane and painted. The existing dock features a 10K pound lift with a remote control! A deepwater channel gives you easy access to the barrier Islands and the Gulf of Mexico! This outstanding home was redesigned to make your living on the water as worry free as possible! Palm Harbor boasts 210-acre Wall Springs Park includes a natural spring, minutes to the Sponge Docks, Pinellas County trail & highly rated restaurants. Minutes from Tampa International Airport.

The manager has listed the unit size as 4657 square feet.
Unit Size
4,657Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$642
Property Type
House
Property Taxes
$1,099
HOA Dues
$65
Year Built
1959

Price History

Date / Event Date Event Price
Jun 1, 2023 Sold to Angeline Beltsos, Gregory J... $2,750,000
Sold to Angeline Beltsos, Gregory J...
May 28, 2023 No longer available -
No longer available
May 21, 2023 In contract -
In contract
May 19, 2023 Price Decreased $2,990,000
↓ $227K (7.1%)
Price Decreased
May 6, 2023 Price Decreased $3,217,428
↓ $242K (7%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 15
  • Building Quality: A
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Interior Walls Type: Other
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,202
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 5,622
  • Gross Building Area: 5,622
  • Building Area: 4,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,410
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYWOOD VILLAGE
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAYWOOD VILLAGE LOT 20

Ownership

  • Current Owner : BELTSOS ANGELINE
  • Current Owner 2: POULOS GREGORY JAMES
  • Previous Owner : SMITH JACK DANIEL
  • Owner Before Previous Owner: KOKOLIS
  • Owner Before Previous Owner 2: ELENA

Neighborhood

  • School District Name: Pinellas County School District
  • School Tax School District: 0011, L002
  • Census Tract: 027202

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 20
  • Account Number: R244013
  • District: PHMT
  • Subdivision Tract Number: 5814
  • Parcel: 23-27-15-05814-000-0200
  • Lot: 20
  • Meridian: SEC 23 TWN 27S RNG 15E
  • Municipality: PALM HARBOR COM SVC
  • Latitude: 28.1198
  • Longitude: -82.7779

    Address

  • Full Address: 502 Driftwood Dr W
  • Address - House Number: 502
  • Street Segment Direction: W
  • Address - Street Name: Driftwood
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Harbor
  • Carrier Code: C070
  • 4-Digit Zip Code: 1021
  • Zip Code: 34683

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,184
  • Tax Rate Code Area: PHMT

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 1,916,707
  • High Value: 2,301,735
  • Low Value: 1,531,679

    Market Valuation

  • Market Total Value: $1,192,275
  • Market Land Value: $571,052
  • Market Improvement Value: $621,223

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $762,879

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Transaction ID: 11907413073
  • Current Sale Price: $2,750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 142249
  • Previous Sale Recording Date: Feb 15, 2022
  • Previous Sale Contract Date: Jan 31, 2022
  • Previous Sale Amount: $2,100,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: VAN DYK MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: Feb 15, 2022
  • Previous Mortgage Loan Amount: $1,680,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Baywood Village


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Nearby Rentals

Unit for rent at 825 Park Court, PALM HARBOR, FL, 34683

$3,700 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,387 ft²
825 Park Court, PALM HARBOR, FL, 34683 Listing by Kirby Dulin
Unit for rent at 1713 Mandalay Drive, TARPON SPRINGS, FL, 34689

$4,000 /mo

  • 4 Beds
  • 3.5 Baths
  • 5,000 ft²
1713 Mandalay Drive, TARPON SPRINGS, FL, 34689 Listing by Lyn DeBoer


Frequently Asked Questions

When was property at 502 Driftwood Drive West built and last sold?
The property at 502 Driftwood Drive West was built in 1959 and last sold on May 26, 2023 for $2,750,000.
How much is this home worth?
The estimated value of the home located at 502 Driftwood Drive West is $3,249,602.
What are some comparable homes to 502 Driftwood Drive West?
There are currently no comparable homes to 502 Driftwood Drive West.

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